FCPO Daily: Building up base

Market looks is entering into a consolidating mode after tested the fresh high at 2606 levels in order to build up a stronger base for a sustainable rally in near term. Thus market may continue to move sideways to higher with upside resistance is projected at 2606 followed by 2650 levels. While, downside support is lies at 2520-2500 followed by 2480-2450 levels.